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2. On the table below are real prices per pound of T-bone steak for Millennial Beef Corporation. Calculate the nominal prices per pound for T-bone
2. On the table below are real prices per pound of T-bone steak for Millennial Beef Corporation. Calculate the nominal prices per pound for T-bone steak for each month. (8 Points) Year Date Index of Prices Nominal Prices Per Pound $$ Year 1 January February March April May June July August September October November December January February March April Real Price per Pound $$ 148.00 128.00 133.00 130.00 105.00 103.00 91.00 102.00 130.00 120.00 129.00 136.00 143.00 165.00 139.00 145.00 104 107 118 117 116 118 125 119 122 100 95 98 Year 2 99 89 100 93
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